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The first grain train since 2015 arrived at Churchill, Manitoba, on July 21, 2019, carrying wheat from west-central Saskatchewan. The rail line had washed out in 2017 and was repaired by the company that took over rail ownership.
Reopening the Churchill rail and port route adds a small northern export outlet for Prairie grain, which could modestly ease logistics constraints for Canadian wheat and barley shipments.
cbc.caDana HatherlyJul 23, 2019After 163 past neutral logistics events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.1%), and -0.3% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
